SANCHEZ, ANGELINA

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PICOSO (CARRIZO 7800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116686District 04Field 71385100NGPA filingCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – Feb 2011
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
218
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1984-01-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 6-1-93.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition2,737 bbl$69,533
GasProduction577,991 Mcf$1,384,462
Total$1,453,995

286,921 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.5005, -98.9579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.50049, -98.95787 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,400 ft
1 wells filed one
Completion to plug
25.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,400 ft.

Completions filed
May 1985
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 25.2 years across the 1 well that filed both dates, with the middle half between 25.2 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47933667212,400 ftMay 1985Jul 2010Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (218)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

218 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201005670.364.91$275
May 201006671.124.24$280
Apr 201006581.694.12$268
Mar 201008078.394.39$351
Feb 201009373.585.44$506
Jan 201002174.365.96$125
Dec 2009237871.445.48$2,071
Nov 2009010974.593.75$409
Oct 2009030872.544.11$1,266
Sep 200901565.543.06$46
Aug 2009022767.423.22$731
Jul 2009019461.133.46$672
Jun 2009012266.163.90$475
May 2009025654.743.93$1,005
Apr 20093424646.773.59$2,473
Mar 2009016142.144.06$654
Feb 2009026132.814.63$1,209
Jan 2009011135.865.37$596
Dec 2008011637.105.98$693
Nov 2008019155.496.86$1,310
Oct 2008033775.246.92$2,333
Sep 20080197101.767.88$1,552
Aug 20080180114.228.48$1,527
Jul 200868335131.0811.39$12,729
Jun 20082933131.3313.03$12,422
May 200801,829123.1711.57$21,169
Apr 200801,883110.3110.45$19,687
Mar 200801,810101.909.66$17,492
Feb 2008077892.538.77$6,824
Jan 200801,70690.388.21$13,999
Dec 200701,01488.337.30$7,404
Nov 2007043791.677.29$3,186
Oct 2007036182.856.92$2,499
Sep 2007078875.846.24$4,920
Aug 200701,16169.066.39$7,416
Jul 200701,46170.906.39$9,333
Jun 200711,51062.007.55$11,460
May 200711,69758.747.85$13,374
Apr 200701,71359.617.81$13,370
Mar 200701,49156.927.30$10,887
Feb 200701,83355.108.22$15,060
Jan 200702,23350.306.73$15,021
Dec 200622,18456.656.92$15,223
Nov 200612,52454.207.62$19,281
Oct 200602,48554.906.01$14,944
Sep 2006572,23860.085.04$14,698
Aug 200601,82468.717.34$13,388
Jul 200602,13269.376.34$13,523
Jun 200612,07766.286.38$13,326
May 200612,20466.016.42$14,227
Apr 200602,11664.397.36$15,575
Mar 200612,00856.707.08$14,279
Feb 2006632,21457.597.75$20,789
Jan 200612,33160.598.93$20,884
Dec 200502,30854.9413.42$30,963
Nov 200502,96254.6910.59$31,363
Oct 200501,31958.3413.80$18,197
Sep 200501,32661.4512.08$16,017
Aug 200501,89661.519.80$18,575
Jul 200501,96655.697.84$15,421
Jun 20055370952.337.38$8,007
May 2005065545.226.65$4,357
Apr 2005085049.207.36$6,256
Mar 200501,19650.377.15$8,557
Feb 20056299745.226.31$9,097
Jan 2005066843.166.32$4,223
Dec 2004092739.866.75$6,258
Nov 200402,01545.286.33$12,756
Oct 200401,37449.706.52$8,952
Sep 200401,31943.245.28$6,969
Aug 2004611,31842.375.55$9,900
Jul 200401,29538.286.08$7,879
Jun 200401,28836.106.43$8,286
May 200401,95737.486.49$12,710
Apr 200403,10834.475.86$18,208
Mar 200403,21134.365.53$17,757
Feb 200402,86032.455.51$15,758
Jan 200404,36932.036.30$27,523
Dec 2003572,15030.266.30$15,273
Nov 20030028.804.60$0
Oct 200302,50828.174.76$11,937
Sep 200302,41526.314.75$11,470
Aug 200302,66629.765.13$13,676
Jul 200302,40429.415.17$12,431
Jun 200302,78128.565.98$16,639
May 200303,06026.595.97$18,276
Apr 200302,86226.675.41$15,476
Mar 200303,63331.146.10$22,147
Feb 2003323,44433.487.93$28,368
Jan 200304,29130.315.58$23,953
Dec 200204,65026.914.85$22,570
Nov 200203,01124.664.14$12,456
Oct 2002084726.464.23$3,582
Sep 20023321127.443.64$1,673
Aug 2002028225.963.16$892
Jul 200201,06024.583.06$3,245
Jun 200201,01723.733.34$3,395
May 2002049224.663.58$1,763
Apr 2002032623.653.51$1,145
Mar 2002059222.003.10$1,837
Feb 20024590218.222.38$2,963
Jan 200201,11117.172.38$2,639
Dec 200101,19416.932.36$2,823
Nov 200101,06318.072.41$2,557
Oct 2001078319.782.53$1,980
Sep 200101,79624.262.25$4,043
Aug 20015198424.873.05$4,273
Jul 200101,08023.933.20$3,453
Jun 2001070724.563.82$2,704
May 200101,72725.524.31$7,439
Apr 200101,82624.685.34$9,742
Mar 200101,31824.545.38$7,086
Feb 2001371,31627.755.77$8,616
Jan 200101,40227.478.40$11,775
Dec 200001,17826.889.12$10,746
Nov 200002,52232.215.66$14,269
Oct 2000053231.235.15$2,737
Sep 2000165831.875.19$3,445
Aug 200001,20629.644.54$5,476
Jul 200002,15728.534.09$8,822
Jun 2000512,66529.304.40$13,213
May 200002,95027.263.68$10,855
Apr 200003,19224.513.12$9,946
Mar 2000522,55428.422.86$8,782
Feb 200002,08727.622.73$5,690
Jan 200002,10025.272.48$5,209
Dec 199902,80224.282.42$6,791
Nov 199902,35623.192.43$5,734
Oct 199902,14220.982.80$6,006
Sep 1999069421.752.62$1,817
Aug 1999065119.262.88$1,872
Jul 19998938517.892.37$2,506
Jun 1999036715.942.36$867
May 1999086515.792.32$2,008
Apr 199902,95915.102.21$6,534
Mar 199901,69312.471.84$3,112
Feb 199902,0539.981.82$3,732
Jan 199902,98610.381.90$5,673
Dec 1998592,9259.201.77$5,730
Nov 199803,11110.892.19$6,800
Oct 199803,31112.421.97$6,520
Sep 199802,92612.592.08$6,094
Aug 1998523,77811.301.91$7,794
Jul 199804,13111.742.24$9,242
Jun 199802,14811.242.24$4,806
May 199803,32512.622.21$7,336
Apr 199803,78313.042.51$9,478
Mar 1998574,35412.802.31$10,785
Feb 199853,38413.952.30$7,850
Jan 199803,76014.702.15$8,102
Dec 199703,43516.322.41$8,282
Nov 199703,36018.193.09$10,377
Oct 1997593,20819.253.15$11,240
Sep 199704,00517.742.95$11,834
Aug 199704,43717.862.55$11,335
Jul 199703,02017.582.25$6,786
Jun 199704,49317.242.26$10,142
May 199703,87318.972.31$8,941
Apr 1997554,21117.882.08$9,754
Mar 199704,71618.951.94$9,145
Feb 1997554,16120.492.21$10,306
Jan 199704,85723.483.54$17,192
Dec 1996584,76523.32$1,353
Nov 199604,80721.97$0
Oct 199605,98623.31$0
Sep 199605,36122.22$0
Aug 199605,51320.26$0
Jul 1996486,12119.55$938
Jun 1996526,50918.73$974
May 199606,51619.43$0
Apr 1996514,64821.51$1,097
Mar 199604,68419.38$0
Feb 199604,65516.98$0
Jan 199605,19717.07$0
Dec 199504,74617.19$0
Nov 1995545,26116.00$864
Oct 199505,30015.43$0
Sep 199504,97716.18$0
Aug 1995611,92815.92$971
Jul 199503,83015.24$0
Jun 199503,42616.41$0
May 199503,69217.56$0
Apr 19951194,97917.73$2,110
Mar 199504,67716.44$0
Feb 19951492,30016.58$2,470
Jan 1995455,03315.92$716
Dec 19941524,39915.03$2,285
Nov 199404,45415.90$0
Oct 199405,41315.58$0
Sep 19941536,37815.29$2,339
Aug 199406,65916.13$0
Jul 199406,51217.56$0
Jun 199406,31917.09$0
May 19942725,25015.88$4,319
Apr 199405,16814.14$0
Mar 19941368,23712.46$1,695
Feb 1994337,56412.50$413
Jan 199418,00312.66$13
Dec 199307,31312.33$0
Nov 199306,50514.49$0
Oct 199307,24415.85$0
Sep 199306,88815.03$0
Aug 199307,68215.66$0
Jul 199307,28815.46$0
Jun 19931079,46816.79$1,797
May 199329,14917.68$35
Apr 1993010,95318.05$0
Mar 1993211,01218.14$36
Feb 1993207,07717.90$358
Jan 199307,07516.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.36 =         $0
Gas                   56 Mcf  × $  4.91 =       $275

────────────────────────────────────────────────────
Month total                                     $275

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/116686 is the state's own key, not one this site invented.